Educational Development Corp
EDUC
22 hedge funds and large institutions have $6.05M invested in Educational Development Corp in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 8 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
12% less funds holding
Funds holding: 25 → 22 (-3)
19% less capital invested
Capital invested by funds: $7.5M → $6.05M (-$1.45M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Spark Investment Management
New York
|
+$152K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$130K |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$68.5K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$51.2K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.07K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$278K |
| 2 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$178K |
| 3 |
Renaissance Technologies
New York
|
-$145K |
| 4 |
AIG
American International Group
New York
|
-$114K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$16K | -2,338 | Closed |
|
27
Acadian Asset Management
Boston,
Massachusetts
| – | -$14K | -1,934 | Closed |
|
28
Creative Planning
Overland Park,
Kansas
| – | -$3K | -400 | Closed |
|
29
Wells Fargo
San Francisco,
California
| – | -$12 | -2 | Closed |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$459 | +74 | New |
|
EDUC Hedge Fund Activity: Q2 2016 in Review
22 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Educational Development Corp (EDUC) for Q2 2016, worth a combined $6.05M — down 19% from $7.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EDUC and 5 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Spark Investment Management, opening a new position worth an estimated $152K. The largest seller was Morgan Stanley, cutting an estimated $278K.
- 22 institutional investors held Educational Development Corp (EDUC) as of Q2 2016, down from 25 in Q1 2016.
- Funds reported $6.05M of Educational Development Corp stock for Q2 2016, down 19% quarter-over-quarter.
- 5 funds opened new Educational Development Corp positions in Q2 2016 and 8 closed out, a net change of -3 holders.
- The largest Educational Development Corp buyer in Q2 2016 was Spark Investment Management, an estimated $152K added.
- The largest Educational Development Corp seller in Q2 2016 was Morgan Stanley, an estimated $278K sold.
Based on aggregated 13F filings for Q2 2016.